The estate of the Notorious B.I.G. has sold a 50% share of its music publishing and certain rights to Primary Wave Music. This decision follows the recent passing of B.I.G.'s mother, Voletta Wallace, who played a crucial role in the negotiations. The estate's value is estimated at $200 million. Wallace previously negotiated to enhance the estate's ownership of her son's publishing rights from an initial 50% to 85%. Primary Wave aims to work collaboratively to honor and perpetuate the legacy of the iconic rapper, who remains a significant figure in hip-hop history.
The estate and Primary Wave will collaborate on all business moving forward in an effort to continue the incredible and innovative work done thus far with one goal in mind, to keep the legacy of the Notorious B.I.G. alive.
Voletta Wallace had negotiated with Sean 'Diddy' Combs to gain full control of her son's publishing rights... convincing Combs to increase the estate's stake to 85% in the early 2000s.
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